I can't see why, because the spacer is not moving anything but in fact preventing it from moving.
For a streeter,using this system may not be the best idea, cuz as the bearings wear, you have to keep going in there and removing shims. But also, personally,as a streeter, I depend on the piston knock-back to keep the rotors off the pads so I can achieve the low rolling resistance required to make the fuel-economy numbers I sometimes get. Yes, I set my bearings on the loose side. This does not affect streetability or hiway cruising in any meaningful way that I have experienced, and my bearings were used in 1999 when I installed them. That would be over 125,000 miles ago.
A streeter spends most of it's life going in straight lines and at relatively low speeds, and IMO,personally; I have far more important things to worry about driving my classic car, than a wee bit of front wheel "looseness", so long as I know where that "looseness" originates.
That said,
Bozwel's post is an excellent solution for his application, or anyone for that matter, who want's to go thru the exercise.
By the way,on the street, knock-back is not a thing to be feared, even my 15/16 m/c has plenty of capacity to deal with it, just keep your rear drums adjusted decently, to keep the primary piston operating in it's designed range.
.008 knock-back including seal retraction, which is not likely to ever occur on the street, in 8 of, 1" pistons, adds up to about .824cc ..... while this requires just a tic over 1/16 inch travel of a 15/16 piston.
With a 7:1 pedal ratio, this comes to, you guessed it, ~.5inch pedal travel. The rest of the pedal travel that you feel with a Mopar m/c plumbed in the Mopar-way, is all in the rear brakes,front hoses,and system flex. So install braided hoses up front at least, and eliminate some/most of that "excessive" travel.
And I use small diameter rear w/c's with no proportioning, and tires with big fat contact patches,lol. With matching front and rear flex,this provides excellent modulation and feedback..... for a streeter.